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Defined contribution pensions: investments and consolidation

A consultation on proposals to encourage defined contribution pension schemes to consider a wider range of investments.

Last fetched 03 May 2026 · gov.uk
Detail

This consultation sets out proposals to encourage defined contribution pension schemes to consider investing more widely, in areas such as:

  • start-up companies
  • housing
  • green energy

The proposals include:

  • requiring large schemes to report their policy on these types of investment
  • requiring smaller schemes to assess, every 3 years, whether they should consolidate into a larger scheme
  • changing how schemes calculate charges
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